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While he was having more and more success with his explosives, Alfred needed something that was much better, more effective and a lot safer. Something that could be safely transported, safely carried, safely detonated without the risk of exploding unexpectedly. Dynamite was not protected by patents in Germany during the greater part of the 1870s. The other way for nitroglycerine to be detonated was to pour it onto a surface…lay a fuse…light it…and run like all hell. He was made an honorary president of the Nobel Dynamite Trust Co. which implied that he would not take active part in the company’s affairs. Or to be precise, it was diatomaceous earth, also called diatomite, a special type of soft soil a bit like sand. His ‘powder’ was created out of a ratio of 3:1 of nitroglycerine to diatomite sand. The Nobel Prize today is widely regarded as the most prestigious award and the highest honor man can wish for. The German manufacturers, including a group on the board of the German Nobel company, wanted a cartel consisting only of German companies for the German market. The transcontinental railroad across the USA was being built, in Australia and California, gold-rushes were driving people crazy trying to get rich. A dynamite company there would have the entire Empire as its market,” wrote Nobel. In Seuz, a great canal was being dug through the earth. In the spring of 1868, he went there. This was a new phenomenon in the business world: a company whose purpose was to own shares in other companies in several countries and control and manage their joint business. In 1886, the Nobel Dynamite Trust Company was formed by the British and German Nobel companies and a number of independent German dynamite producers. The liquid nitroglycerine was mixed in with the earth and the resulting paste was formed into sticks which were wrapped in waxed paper. The … Alfred continued to work with chemicals. However, the time was not yet ripe. Nitroglycerine has an explosive power eight times what blackpowder of a similar quantity could produce and people were quick to see that this could blast and tunnel and mine and build and quarry, a hell of a lot more effectively than old-fashioned gunpowder. He was willing to accept both the efforts and the financing of the introduction of dynamite in France, with its state monopoly on explosives production, on the terms stipulated by Nobel, i.e. This mechanism was known as a dynamite gun, and while the gun itself was deemed too expensive to use, the concept of the gun still helped create a new niche in the weapons industry, grenades. Their combined profits were larger than those of the British company, which on the other hand had to face increasing competition, particularly from German manufacturers. A Place to Call Home: Restoring an Antique Pocketwatch Stand, Tudor, Stuart and Georgian Periods (1500-1800). Before Nobel came along, everything about nitroglycerine spelt doom and destruction. And there is even a legend about how this discovery was made. As a hobby, he was planning to breed horses imported from Russia. The Spanish company was a success from the start. First awarded in 1901, the Nobel Prizes are awarded each year, to those who have made outstanding achievements in the areas of Physics, Chemistry, Literature, Medicine and most famously of all, world peace; the famous Nobel Peace Prize. Thus, instead of producing a monopoly product, many of the Nobel companies had to face strong competition from other dynamite manufacturers. www.humantouchofchemistry.com. It was an accident! Nobel was willing to approve any form of merger, as long as the British company and its competitors were included. Suddenly, the drop exploded and sent glass fragments flying into Sobrero‘s face and hands, which scarred him for life. In addition to using dynamite for static explosions, the Military applications for dynamite are virtually endless. Nobel’s invention revolutionized the world as dynamite had myriad applications in fields ranging from construction to advanced warfare. Nobel’s and Barbe’s share in the French and Swiss companies diminished, but Nobel’s German partners lost the majority they had held in the old German firm, at the time by far the largest continental dynamite company, with profits exceeding all the other companies combined. There were, however, practical and industrial reasons too. Furthermore, the financiers had in each case a preference of six percent on capital invested before profits were distributed. He always invited the press and was satisfied with the attention that the results of his blasting shows attracted. The French company developed only slowly. The company’s profits were quite satisfactory during the duration of the dynamite patent, as was the rate of return on capital, although in no sense exceptional for the time. Otherwise, he also obtained shares when turning his patents over to a new nitroglycerine company. In 1851 at the age of 18, Nobel moved to the United States of America to study chemistry. Transporting nitroglycerine to a construction-site by a bumpy, jolty, shaky and vibrating horse and cart was a sure recipe for disaster on a monumental scale. Literally. In 1885, Nobel did not own above 6 percent in any company except the British one, where he held 25 percent. Nobel died in December, 1896 at the age of 63, about a week before Christmas. He then earned his doctorate in 1832 at the University of Gieben .Later, he pursued a career as a professor at The University of Turin in Turin, Italy. In the Nobel Dynamite Trust, Nobel held 6 percent of the shares, in the Latin Trust, 2 percent. Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), Click to share on Pinterest (Opens in new window), Click to share on Tumblr (Opens in new window), A Blast from the Past: The Creation of Dynamite. Used properly, it could speed up construction-work on major public-works projects, it could allow people to mine faster and more effectively or blast and split rocks apart for quarrying that much easier. Negotiations about starting production in Britain were carried out both in London and Glasgow. Blackpowder had been used since the 1600s for construction-work and mining. The Spanish company was well-managed and never caused Nobel any trouble. Dynamite, as an all-purpose explosive, was easy to buy. The financiers of the dynamite companies, a group as heterogenous as the forms of the companies, did not take any great risks. Suddenly, the drop exploded and sent glass fragments flying into Sobrero‘s face and hands, which scarred him for life. When Alfred Nobel attempted to stabilize nitroglycerine, he succeeded in producing a powerful, yet, safe explosive that he named dynamite.

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